JD Sports Fashion PLC (JD.L)
Tue, Apr 17 2018
Britain's JD Sports Fashion plans to look overseas for further growth after bucking a gloomy UK retail sector by boosting annual profit by a quarter.
* Looks further afield for next leg of growth (Recasts with exec chairman quotes, adds analyst comment)
April 17 Britain's JD Sports Fashion Plc on Tuesday reported an over 25 percent rise in full-year headline pretax profit as demand for athletic and leisurewear clothing remained firm in an otherwise gloomy British clothing sector.
* THE FINISH LINE, INC. ANNOUNCES ENTRY INTO MERGER AGREEMENT WITH JD SPORTS FASHION PLC
* FURTHER TO ANNOUNCEMENT MADE ON 14 SEPTEMBER 2017, JD SPORTS FASHION PLC ('JD') ANNOUNCES THAT IT HAS RECEIVED UNCONDITIONAL CLEARANCE FROM EUROPEAN COMMISSION FOR COMBINATION OF ITS EXISTING INTERESTS ACROSS IBERIA WITH THOSE OF SPORT ZONE IN PORTUGAL, SPAIN AND CANARY ISLANDS
Demand for sportswear will help JD Sports Fashion Group beat full-year profit forecasts, the British retailer said on Tuesday, sending its shares as much as 9 percent higher.
* Shares jump as much as 9 percent to 7-month high (Recasts, adds shares, details)
Jan 16 JD Sports Fashion Plc, Britain's largest sportswear retailer by market value, said on Tuesday it expects annual pretax profit ahead of market expectations on strong trading in the second half of the year, including the key Christmas period.
* JD SPORTS FASHION - POSITIVE LEVELS OF PERFORMANCE ANNOUNCED IN INTERIM RESULTS STATEMENT HAVE CONTINUED THROUGH SECOND HALF, INCLUDING KEY CHRISTMAS PERIOD
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